Khalil, Elias L.Weakness of WillThe dominant view regards weakness of will an anomaly facing the standard theory of rationality. The paper argues the opposite: What is anomalous is that weakness of will is not pervasive enough. In a simple model, the paper shows that weakness of will is the dominant strategy in a game between current self and future self. This leads to the motivating question of the paper: Why is weakness of will is not pervasivev - given that precommitment and punishment are not sufficiently pervasive to remedy the weakness of will? The paper argues that the answer lies in what Adam Smith calls the "propriety" mechanism: Humans demand self-respect and, hence, exercise self-command over appetites and emotions.Property of others (justice);Libertarian paternalism;Decision-action gap (weakness of will);1959.1/36496;2006;Property of future self (prudence);monash:7044;Appetites and emotions;Trust;Mechanisms (precommitment and propriety)2017-06-05